Fibonacci-Stocks.com is an excellent website for learning about Fibonacci trading, for possible stock picks, and for seeing multiple tables that try to make sense of the stock market direction. For example, when the yield of ten year bonds is near an annual low point, that is the time to buy stocks. People will buy bonds when they don't trust stocks, and the yield consequently drops while the price of the bonds or bond stocks actually goes up due to more demand. Eventually, investors will quit buying bonds when the yield gets so low that stocks offer a better alternative.
Fibonacci-Stocks.com tracks the ten year bond rate along with many stock ETFs that are worthwhile trading at various times. The website also lists manufacturing statistics from the Federal Reserve so that you can get an idea about whether the economy is getting better or worse. If the economy is getting better, then stocks will go up.
Sunday, November 11, 2012
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